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> Campaign finance is heavily regulated in the UK

This is true, in that there are limits both locally and nationality to how much candidates can spend on election campaigns.

> and about half of it comes from the state

AIUI this is not true; political parties have to raise their own money not get it from the state. There is funding of political parties, (see Short Money http://en.wikipedia.org/wiki/Short_Money ), but it isn't for the running of campaigns.



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